All technical indicators are oversold with signs of reversal on Daily and Weekly time frames. Additionally, we touched th 200d MA and bounced off of it. Be careful though, this might be a short lived bull run as we might fail to break 3.1 and thus create opportunity for a leg down. Thus I will set my first target at 3.1 and wait to see if there are signs of weakness.
The price is still in correction stage after post income and people are undecided. However, dividend is increased by $0.05 compared to last year and it is almost dividend date. This should push the undecided people to buy. Also I notice recently energy and natural gas company price dropped but this does not and I think this is the lowest for these few months. I...
Long Natural Gas, most likely a start of motive wave. Target 4.410, CMP 2.939
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 44 COMMODITIES (2016 Yearly Performance) from Chicago, New York & London @ drive.google.com Best regards Aaron
I think NGAS hit rock bottom for now. Moving into the winter with chilli temperatures incoming and a perfect trend reversal setup (STOCHRSI and MACD) I think it is very likely we see NGAS reach $3.2 + within the next two weeks. Very crucial to whether this will occur as planned are the inventories which based on past data and future expectations should be as or...
It looks as if Nat Gas is breaking out yet again. This time it is the psychologically important $3 level. I think that looking at longer-term charts gives a target of $3.40 However, the higher these prices go, the more likely a lot of stagnant drilling comes back online. The verdict? We will go higher, and then the selling will increase again. 14 Trillion cubic...
Slowly but surely climbing. Building base and support line. Buy for Long term hold but resistance may be the BLACK SOLID LINE. The below Solid green line will act as support but if fails then Bear Market.
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